A decade ago, the contribution of
greenhouse gases (GHGs) from reservoirs was estimated to be
up to 7 percent of global GHG emissions from all sources.
Much research on GHG emissions from reservoirs has
subsequently been conducted and recent studies have
indicated corresponding global estimate to be less than 1
percent. However, these studies still have a limited
coverage of ecosystems and geographic areas, and, more

This report evaluates the outcomes of
World Bank Group support to Liberia from its post-war
reengagement in 2003 through 2011. The country has moved
from total disarray to a solid foundation for inclusive
development. Although development has not moved forward as
quickly as hoped, substantial progress has been made. Public
finance and key institutions have been rebuilt; crucial
transport facilities have been restored; and hospitals,

International Finance Corporation
(IFC s) sustainability framework, which articulates our
commitment to sustainable development and transparency. The
performance standards are a vital part of the framework and
address a range of environmental and social risks and
opportunities faced by the private sector. This project
highlights key environmental and social issues of current
and emerging importance, including climate change, business

The report is organized in seven
chapters. Following the introductory chapter, chapter two
sets the stage by reviewing the structure of Turkey's
economy and its performance, as well as the challenges and
opportunities provided by Turkey's current growth path
from implementing a 'green agenda' linked to
achieving standards set by European Union (EU) Directives
and Organization for Economic Cooperation and Development

This paper surveys the current state of
knowledge concerning the value of the Amazon rainforest,
including a survey of work to date to quantify changes in
economic values when the rainforest cover changes. The focus
is on local and regional impacts of forest loss or
protection, including both gross values of forest protection
and opportunity costs of converting the forest to other uses
including agriculture. Important gross value items surveyed

This note presents an overview of
Mexico's forthcoming reform agenda-from the World
Bank's vantage point. It distills the main messages in
the policy notes that make up this compendium. The purpose
is not to provide definitive answers to the many policy
questions likely to occupy the New Mexican administration,
or to provide a comprehensive account of progress to date
and policy recommendations. Instead, it is to provide a view

A ministerial intergovernmental
conference in pursuit of these commitments was held in
August 2003 in Almaty, Kazakhstan. The conference agreed to
the Almaty Programme of Action (APoA), calling for joint
efforts by transit and landlocked countries-with substantial
technical and financial assistance from other countries-to
revise their regulatory frameworks affecting trade movements
and to improve their trade-related infrastructure. The two

The note first presents a brief overview
of the Croatian railway sector, listing the main challenges
that it is currently facing, and identifying the main areas
of intervention for the development of a financially
sustainable sector, which should guide any thorough sector
reform program in the long-run. Sector governance challenges
are presented, outlining the sector's high dependency
on state support, its organizational weaknesses, and its

Cities' development matters to
Pakistan. It is central to economic growth, job creation and
quality of life. This is also one of the core themes in the
2011 Government of Pakistan Framework for Economic Growth
(FEG). This paper explores the conditions for
growth-enhancing spatial change in Pakistan s cities.
Cities' development matters to Pakistan. Two strands of
analysis are developed. First, it reviews the performance

Reduction of carbon emissions from
deforestation and forest degradation has been identified as
a cost effective element of the post-Kyoto strategy to
achieve long-term climate objectives. Its success depends
primarily on the design and implementation of a financial
mechanism that provides land-holders sufficient incentives
to participate in such scheme. This paper proposes
self-enforcing contracts (relational contracts) as a

The term 'green jobs' can
refer to employment in a narrowly defined set of industries
providing environmental services. But it is more useful for
the policy-maker to focus on the broader issue of the
employment consequences of policies to correct environmental
externalities such as anthropogenic climate change. Most of
the literature focuses on direct employment created, with
more cursory treatment of indirect and induced job creation,

Local benefit sharing in hydropower
projects can be defined as the systematic efforts by project
proponents to sustainably benefit local communities affected
by hydropower investments. Benefit sharing is a promising
approach for implementing hydropower projects sustainably,
and is emerging as a supplement to the requirements of
compensation and mitigation. Benefit sharing can provide
equitable development, sustainability, and smooth project